Toyota Motor Corp. · TSE:7203
Toyota Motor — FY2020 Q2 Earnings Presentation
17 slides from Toyota Motor's earnings presentation, Nov 7, 2019
Slide 1: FY2020 Second Quarter Financial Results
FY2020 Second Quarter Financial Results Yaris Toyota Motor Corporation November 7, 2019
Slide 2: Cautionary Statement with Respect to Forward-Looking Statements and Caution concerning Insider Trading
Cautionary Statement with Respect to Forward-Looking Statements and Caution concerning Insider Trading This presentation contains forward-looking statements that reflect Toyota’s plans and expectations. These forward-looking statements are not guarantees of future performance and involve known and u
Slide 3: Consolidated Vehicle Sales (FY2020 First Half)
Consolidated Vehicle Sales (FY2020 First Half) (thousands of vehicles) 5,000 4,419 4,639 (+220) 4,000 1,031 1,140 (+109) Japan N. America 3,000 Europe 1,411 1,446 (+35) Asia 2,000 Other 493 524 (+31) Central and South America, 811 829 (+18) Oceania, 1,000 Africa, The Middle East, 673 700 (+27) etc.
Slide 4: Consolidated Financial Summary (FY2020 First Half)
Consolidated Financial Summary (FY2020 First Half) (billions of yen) FY2020 1H FY2019 1H Change (’19/4-9) (’18/4-9) Net Revenues 15,285.5 14,674.0 +611.5 Operating Income 1,404.3 1,261.8 +142.4 Margin 9.2% 8.6% Other Income 179.1 286.9 -107.8 Income before Income Taxes 1,583.4 1,548.8 +34.6 Equity i
Slide 5: Analysis of Consolidated Operating Income
Analysis of Consolidated Operating Income (FY2020 First Half) (billions of yen) +125.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. 1,404.3 -120.0 +107.4 +185.0 1,261.8 Increase or Decrease Other *4 in Expenses and -90.0 +60.0 Marketing Expense Reducti
Slide 6: Geographic Operating Income (FY2020 First Half)
Geographic Operating Income (FY2020 First Half) Operating Income (billions of yen) [ ]: margin ● Consolidated Vehicle Sales (thousands of vehicles) (Excluding Valuation Gains/Losses from Interest Rate Swaps, etc.) ≪Japan≫ ≪N. America≫ ≪Europe≫ ≪Asia≫ ≪Other≫ 1,411 1,446 (+35) 1,140 (+109) 1,031 811
Slide 7: China Business / Financial Services (FY2020 First Half)
China Business / Financial Services (FY2020 First Half) ≪(Reference) China Business≫ ≪ Financial Services Operating Income ≫ Operating Income of Subsidiaries (billions of yen) Operating Income (billions of yen) ＊ Equity in Earnings of Affiliated Companies (billions of yen) ＊ Excluding Valuation Gain
Slide 8: Shareholder Return: Dividends
Shareholder Return : Dividends Year-end Dividend 300 Interim Dividend (yen) 210 210 220 220 200 110 110 120 120 100 100 100 100 100 100 0 ’16/3 ’17/3 ’18/3 ’19/3 ’20/3 (Full Year) (Full Year) (Full Year) (Full Year) (Interim) Total Amount of *1 Dividends 645.5 627.5 642.6 626.8 278.9 (billions of ye
Slide 9: Shareholder Return: Share Repurchase
Shareholder Return : Share Repurchase (billions of yen) Year-end Shareholder Returns Interim Shareholder Returns 800 8,000 639.3 *1 600 6,000 549.9 550.0 449.9 400 4,000 499.9 299.9 300.0 249.9 200 2,000 199.9 249.9 249.9 200.0 139.3 [MAX] 00 ’16/3 ’17/3 ’18/3 ’19/3 ’20/3 (Full Year) (Full Year) (Fu
Slide 10: FY2020 Forecasts: Consolidated Vehicle Sales
FY2020 Forecasts: Consolidated Vehicle Sales (thousands of vehicles) 10,000 9,000 8,950 (-50) 8,977 8,000 2,226 Japan 2,210 2,240 (+30) N. America Europe 6,000 2,745 Asia 2,690 2,690 (±0) Other Central and 4,000 South America, 1,030 1,030 (±0) 994 Oceania, Africa, The Middle East, 1,730 1,630 (-100)
Slide 11: FY2020 Forecasts: Consolidated Financial Summary
FY2020 Forecasts: Consolidated Financial Summary (billions of yen) New Forecasts Previous Forecasts Change FY2019 Results (’19/4-’20/3) (’19/4-’20/3) (’18/4-’19/3) Net Revenues 29,500.0 29,500.0 ± 0 30,225.6 Operating Income 2,400.0 2,400.0 ± 0 2,467.5 Margin 8.1% 8.1% 8.2% Income before Income Taxe
Slide 12: Analysis of FY2020 Forecasts: Consolidated Operating Income (vs. Previous Forecasts)
Analysis of FY2020 Forecasts: Consolidated Operating Income (vs. Previous Forecasts) (billions of yen) +20.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. +5.0 -30.0 +45.0 2,400.0 -30.0 +10.0 2,400.0 Effects of Cost Marketing Increase or Decrease Other
Slide 13: Analysis of FY2020 Forecasts: Consolidated Operating Income (vs. FY2019 Results)
Analysis of FY2020 Forecasts: Consolidated Operating Income (vs. FY2019 Results) (billions of yen) +120.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. 2,467.5 -380.0 +192.5 2,400.0 +165.0 -20.0 -25.0 Effects of Cost Effects of Increase or Decrease Othe
Slide 14: Activities for Enhancement of Competitiveness
Activities for Enhancement of Competitiveness Entered into capital alliance agreement Announced Injecting $391 million new investment Unveiled “MIRAI Concept” with Suzuki in the San Antonio assembly plant August September October Rolled out completely redesigned Corolla and Corolla Touring Agreed wi
Slide 15: Transition of Financial Performance
〈Reference〉 Transition of Financial Performance Forecast Consolidated Vehicle Sales Net Revenues Operating Income Net Income (thousands of vehicles) (trillions of yen) (billions of yen) (billions of yen) ● Operating Margin(%) ● Net Margin(%) 30.2 29.5 10.0 29.3 8,971 8,964 8,977 8,950 28.4 8.2 8.2 8
Slide 16: FY2020 Forecasts: Vehicle Production and Retail Sales
〈Reference〉 FY2020 Forecasts: Vehicle Production and Retail Sales (thousands of vehicles) New Forecasts Previous Forecasts Change (’19/4-’20/3) (’19/4-’20/3) T Japan 3,330 3,330 ±0 o Vehicle y Production Overseas 5,670 5,710 -40 o *1 t Total 9,000 9,040 -40 a & Retail Japan 1,580 1,540 +40 L Vehicle
Slide 17: Definitions of Consolidated and Retail Vehicle Sales
〈Reference〉 Definitions of Consolidated and Retail Vehicle Sales Daihatsu- and Hino- brand vehicles Consolidated Vehicle Sales Distributors or Dealers outside consolidation Total Retail Vehicle Sales Toyota- and Lexus- brand vehicles Toyota and Lexus Vehicle Sales Customers P3, 6, 10, 15 Number of v